Emcore intends to price $8 million public offering of common stock

Deal also has 15% greenshoe; proceeds fund general corporate purposes

By Devika Patel

Knoxville, Tenn., Sept. 27 - Emcore Corp. said it will conduct an $8 million public offering of stock with a 30-day 15% greenshoe.

B. Riley & Co., LLC is the underwriter.

Proceeds will be used for general corporate purposes.

Based in Albuquerque, N.M., Emcore is a provider of compound semiconductor-based components and subsystems for the broadband, fiber optic, satellite and solar power markets.

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